CERTINA GROUP acquires Feintool Technologie AG

CERTINA GROUP signed an agreement on 11 May 2023 to acquire Feintool Technologie AG and its subsidiaries in the USA and China from Feintool International Holding AG. Feintool will retain a 15% minority stake and collaborate on hydrogen technologies.

“The sale of the capital goods business enables us to concentrate on and further develop our core competencies in the field of technological processes fineblanking, forming and electrolamination stamping.”globenewswire.com

• 3 sources
• globenewswire.comFeintool divests capital goods businessFeintool International Holding AGMay 12, 2023
• globenewswire.comFeintool divests capital goods businessFeintool International Holding AGMay 12, 2023
• thecfigroup.comFeintool has completed a carve-out and sale of its fine blanking machine business to Certina Group - The CFI GroupHanna PluckJul 19, 2023

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